small to medium-sized business

business people discussing key person insurance

Why it makes sense to protect your business with key person insurance

Take a good look at your business. Is there one person—or a few key people—who are invaluable, or whose contributions are so pivotal that without them, your organization could fall apart? The reality is that nothing will compromise your overall financial wellness—or that of your company—like the constant worry of a business collapse if a …

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solopreneur family

Introducing Bridgewell’s Small Biz and Solopreneur Group Benefits program

If recent trends are any indication, a growing number of Canadians will continue their path to contract or self-employment in the years ahead. That movement, which accelerated during the COVID-19 crisis, has been ongoing for some time. The challenge is that gig, freelance, contract and self-employed individuals—not to mention smaller organizations with between one and …

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Business succession: How to position your company for a sale

It’s a special day when an entrepreneur achieves their lifelong dream: transitioning to the next phase in life by making a financially-beneficial exit from their company. For most, achieving that goal will take a great deal of hard work and business succession planning. While we’re conditioned by media reports to believe that billion-dollar business sales …

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